Sunday, February 5, 2023
13.1 C
Sunday, February 5, 2023
- Advertisement -corhaz 3

Sri Lankan Govt Imposes Curfew In Parts Of Colombo Amid Wide Protests Against Worst Ever Economic Crisis

Overnight curfews have been imposed in many parts of Sri Lanka’s capital city Colombo on Friday after massive protests against the handling of country’s worst ever economic crisis by the government.

Hundreds of protesters were gathered infront of President Gotabaya Rajapaksa’s residence in Colombo suburb and were thrashed by the police using water cannons and tear gas, said a witness.

A senior superintendent of Police, Amal Edirimanne said a curfew has been imposes in four divisions in country’s commercial capital, Colombo.

Some protesters on their way to Gotabaya’s residence vandalized a wall and threw bricks at the police and set a bus on fire.

The island has been experiencing 13 hours of rolling blackouts in a day because the government does not have enough foreign exchange for fuel imports.
As the government seeks to find a way to get out of the crisis, a spokesperson told that the International Monetary Fund (IMF) will negotiate with Sri Lankan diplomats on a possible loan programme in upcoming days.

The government has resorted to turn off street lights to save electricity as the continuing shortage of diesel is bringing more power cuts and has halted trading in the main stock market, said Power Minister Pavithra Wanniarachchi.

This power cut has just fuelled the pain of Sri Lankans as they are already suffering by the shortages of essentials and high prices.

Retail inflation hit 18.7% in March over similar period last year, the insights division said on Thursday. Food inflation reached at 30.2% in March, halfway determined by a currency devaluation and last year’s prohibition on chemical fertilizers that was subsequently turned around.

Dimantha Mathew of First Capital Research said the inflation is at worst level in more than a decade.
A diesel shipment on credit of worth $500 million is expected by Saturday from India, said Wanniarachchi. However she said it will not solve the issue.

“Once that arrives we will be able to reduce load shedding hours but until we receive rains, probably some time in May, power cuts will have to continue,” she further said adding “there is nothing else we can do”.

She also said that the water levels at reservoirs to run hydro-electric projects has also fallen to record low, while the demands has hit record high as the season turns to hot-dry.

This crisis is said to be a result of wrong-times tax cuts and the worst impact of coronavirus pandemic along with government’s historically weak finances that has led to a decrease in foreign exchange by 70% in last two years.

More articles

- Advertisement -corhaz 300

Latest article


heyzo free MVSD-529 여름방학… 오랜만에 귀성한 나는… - 시라카와 미나미 HSM-046 갓 태어난 메이스 이키 쉬메일 백설 그런 AV 데뷔 공주계 쉬메일은 자지 사랑 격 AF 사랑하는 도 M 음란 변태 딸이었습니다. SDMUA-048 분류 작업 중에 얼룩이 붙으면 즉시 누이 해주는 창고 바이트의 여대생. - 수수한 외형으로 속옷에 진공. - 게다가 정음 OK. H0930-ki221110 이자와 요시코 SUJI-171 부모 동반 원교